Strength in utility and telecom stocks helped lift Canada’s main stock index higher on Thursday, while U.S. stock markets moved lower.In New York, the Dow Jones industrial average finished down 9.98 points at 33,119.57. The S&P 500 index fell 5.56 points at 4,258.19, while the Nasdaq composite was down 16.18 points at 13,219.83.
“We saw some selling pressure on those longer-duration equity securities, the technology and probably the main cap names that tend to do better when the yields are falling, not rising.” “There’s a lot of volatility after this recent meeting. This higher-for-longer narrative was not digested well by the broad U.S. equity market,” he said. “And now, it’s what’s next? Are they going to raise another core point? Are they going to pause for good now?”
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Utility stocks help lift S&P/TSX composite, U.S. stock markets in the redTORONTO — Strength in utility stocks helped lift Canada's main stock index higher in late-morning trading, while U.S. stock markets moved lower. The S&P/TSX composite index was up 20.57 points at 19,055.38. In New York, the Dow Jones industrial average was down 147.86 points at 32,981.69. The S&P 500 index was down 32.21 points at 4,231.54, while the Nasdaq composite was down 127.90 points at 13,108.11. The Canadian dollar traded for 72.80 cents US compared with 72.76 cents US on Wednesday. The
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Utility stocks help lift S&P/TSX composite, U.S. stock markets in the redTORONTO — Strength in utility stocks helped lift Canada's main stock index higher in late-morning trading, while U.S. stock markets moved lower. The S&P/TSX composite index was up 20.57 points at 19,055.38.
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Utility, telecom stocks help lift S&P/TSX composite, U.S. stock markets in the redStrength in utility and telecom stocks helped lift Canada's main stock index higher on Thursday, while U.S. stock markets moved lower.
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Utility, telecom stocks help lift S&P/TSX composite, U.S. stock markets in the redTORONTO — Strength in utility and telecom stocks helped lift Canada's main stock index higher on Thursday, while U.S. stock markets moved lower. The S&P/TSX composite index closed up 103.00 points at 19,137.81.
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TSX recap: Index finishes 0.54% higher amid gains in telecom stocks - BNN BloombergStrength in utility and telecom stocks helped lift Canada's main stock index higher on Thursday, while U.S. stock markets moved lower.
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S&P/TSX composite down as price of oil and energy stocks fall, U.S. stock markets upTORONTO — Canada's main stock index was down in late-morning trading as the price of oil fell and losses in energy stocks weighed on the market. The S&P/TSX composite index was down 56.87 points at 18,964.05.
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